A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Brown & Brown
Our trading algorithm values Brown & Brown (BRO) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $62.56 |
| 60 Day Prediction | $62.53 |
| 60 Day Pred - Lower Bound | $59.48 |
| 60 Day Pred - Upper Bound | $65.56 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.022 * nr_days_in_the_future + 61.874
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
BRO traded at $62.56 this Friday October 14th, gaining since last week.
Looking back, over the last month, BRO has been gaining.
Over the last year, it has been loosing $-1.53 or -2.4456440713136174 percent.
Seasonality of Brown & Brown
Using our AI model, we have been analyzing the value change for Brown & Brown depending on the day or month of a year. This can be seen in the following graph:
